Fast Food For Sale • 3,040 SF
Long-term, passive investment | New, 20-year, absolute NNN lease with zero Landlord responsibilities |
Very strong sales and healthy rent-to-sales ratio | Site was 42%+ above-average in sales for a Zaxby’s in 2023 |
Strong hedge against inflation | Lesser of 10% or CPI increases every 5 years throughout the initial term and options | ±$6.7MM in guaranteed income |
Great access and visibility from S Irby St (aka Hwy 52) which boasts ±45,050 VPD | Hwys 52 & 301 are major thoroughfares to Myrtle Beach |
Zaxby’s is one of the largest QSR chains in the country with 950+ locations across 17 states | Has agreements for 35+ new locations in 2024 |
Ranked #45 on Franchise Times Top 400 QSRs in 2023, an increase from #62 in 2022 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Florence Amtrak Station (Palmetto - Amtrak, Silver Meteor - Amtrak) | 7 min | - | 4.0 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 58 |
Type: | Surface |
Included in Rent: | Yes |